Negative effects of passive resistance
- Created by: Crmorgan2003
- Created on: 15-03-20 17:39
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- Passive Resistance Negatives
- + It reduced the amount of coal which went to France and Belgium.
- German Gov had to pay out millions to the German mine owners who lost money
- the Ruhr was a rich industrial area
- The government lost money in revenue and taxes when it wasn't working
- lack of mining
- The government lost money in revenue and taxes when it wasn't working
- The lack of revenue led the government to print more banknotes
- August - 663 billion marks in the system.
- this led to Hyperinflation
- Prices rose dramatically.
- Price of bread in 1918 - 0.63 marks
- price of bread in 1923 - 2 billion marks
- this led to Hyperinflation
- August - 663 billion marks in the system.
- this led to Hyperinflation
- Prices rose dramatically.
- Price of bread in 1918 - 0.63 marks
- price of bread in 1923 - 2 billion marks
- Pensions, savings, loans, and mortgages became worthless.
- Middle and working class people suffered terribly.
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